The chairman of the Alaska Permanent Fund Corp.’s board of trustees says the firing of Angela Rodell was “not based on political or other outside considerations,” denying claims made by the former executive director:
by the Legislature. Rodell spoke against that idea on multiple occasions, advising state lawmakers to follow a “rules-based framework” when spending from the fund.Two-thirds of Alaska’s general-purpose state revenue comes from Permanent Fund investment earnings, and Rodell’s previously unexplained removal sparked concerns among legislators that the corporation responsible for those earnings is becoming politicized.
That review examined 2018, a time when the board was filled by Gov. Bill Walker’s appointees. When Walker appointees wereThe reasons for the strain between Rodell and the board aren’t fully explained in the reviews. In her final review, done in late 2021 and released separately by Rodell on Monday, board members said they felt manipulated by her.
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